Tuesday, May 15, 2007

Macquarie Bank

7 years, ago back to 2000, Macquarie bank net profit is less than A$0.25 billion, now it it is A$1.5 billion. 6 times higher in 7 years.

From 2006 to 2007, it increased its profit by 50%. Thanks to limited competition in Australia, Macquaire exposed to airports, toll roads and utilities, also by selling public offerings of shares and move them into managed funds. Its income is rising so rapidly as well as its boss Allan Moss's payment, who is Australian's highest paid executive with annual salary of $33Million.

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